Our partner Tiago Severo Gomes Severo was featured in a Cointelegraph article on the recent ruling of the Corregedoria Geral da Justiça of São Paulo, which expressly prohibits any link between real estate registrations and digital tokens (RWA).
The central point is not the prohibition of tokenization itself, but the reaffirmation of an objective legal limit: real estate registration remains the exclusive domain of the real estate registries, under the supervision of the Tribunal de Justiça de São Paulo.
In practice:
- tokens may exist as economic or contractual instruments;
- they may not produce registry effects, nor be linked to, mirrored on or recognized as an extension of the property registration;
- the legal certainty of the real estate system remains anchored in the traditional registry regime.
The decision reinforces that the tokenization of real assets is not merely a technological debate, but above all an institutional and legal one, requiring rigorous attention to the regulatory limits of the Brazilian system.
We will continue to monitor the impact of this position on RWA structures, platforms and investors that operate or intend to operate in this market.
Read the Cointelegraph article.
